Stonesteps Partners LLC is a private investment fund based in Ann Arbor, Michigan. According to its most recent Form D, filed Sep 8, 2023, it has sold $500,000 of interests to 16 investors since its first sale in Aug 2023. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Elliot Horen.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Aug 28, 2023
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Elliot Horen
- Latest Form D
- Sep 8, 2023
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Stonesteps Partners LLC
What is the minimum investment for Stonesteps Partners LLC?
Stonesteps Partners LLC's latest Form D, filed Sep 8, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Stonesteps Partners LLC?
Stonesteps Partners LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Stonesteps Partners LLC raised?
Stonesteps Partners LLC reports $500,000 sold from 16 investors on its Form D filed Sep 8, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Stonesteps Partners LLC based?
Stonesteps Partners LLC is based in Ann Arbor, Michigan.
When did Stonesteps Partners LLC launch?
Stonesteps Partners LLC reports its first sale in Aug 2023.
Size compared with every private investment fund
Raised more than 32% of the 60 private investment funds based in Michigan, and more than 9% of all 10,287 that report sales.